CTV National News: A casualty of Trump's trade war
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Global News
24 minutes ago
- Global News
Canadian leaders descend upon Ontario cottage country for high stakes meetings
Ontario's cottage country is set to become the centre of Canadian power for three days beginning Monday, as leaders from across the country descend on Huntsville, Ont., for high-stakes meetings. The Council of the Federation, which includes all of the country's 13 premiers, will meet in the small town to discuss trade, energy, immigration and U.S.-Canada relations, among other topics. Prime Minister Mark Carney will be in Huntsville for a separate meeting with provincial leaders on Tuesday. Ontario Premier Doug Ford, who will chair his last meeting as the head of the group this week, selected the rural setting, close to his own cottage, to show off what his team believes is the best of the province. 'As the Chair of the Council of the Federation, it's never been a more important time to welcome my fellow Premiers to Ontario to continue the work we've done over the past year to protect Canada and our economy,' Ford said in a statement ahead of the event. Story continues below advertisement 'This meeting will be an opportunity to work together on how to respond to President Trump's latest threat and how we can unleash the full potential of Canada's economy.' Ford welcomes country's leaders to cottage country The summer meeting of the Council of the Federation offers Premier Ford an opportunity to show off his province as he lets go of his role at the head of the group. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy A senior government source, speaking on background, said the annual meeting had a sense of 'friendly competition,' as hosts try to dazzle other leaders with the best of their province. Ford owns a cottage near Huntsville, set on the beautiful waterfront of a rural area. The source said the premier will host an intimate dinner there for leaders and their immediate family on Monday evening, the night before the event kicks off in earnest. Story continues below advertisement On Tuesday, Carney will take part in a meeting with the country's first ministers. The Ontario source said the premier's office expects that meeting to involve a briefing on Canada-U.S. trade negotiations and an early outline of how different governments will work together if 35 per cent tariffs hit. Then, Carney will depart, and the country's premiers will convene for a working lunch, attended by two former ambassadors. The conversations are expected to focus on U.S. trade relations, with an update on wildfire responses. During the evening, Ford will host a gala for provincial leaders, business and health care stakeholders, as well as Indigenous representatives. Ontario's Lieutenant Governor will also offer opening remarks at the evening reception. More MOUs and other meetings On Wednesday, the premiers will meet again — this time to discuss public safety and bail reform, as well as health care. The meeting will end with a news conference. Story continues below advertisement At the peripheries of the premiers' official itinerary, other meetings will also take place. Nursing stakeholders will take part in one early meeting, while Indigenous leaders will meet with premiers for discussions, too. Ontario, the source said, also plans to unveil new memoranda of understanding with provinces. They include new agreements to explore and advocate for pipelines, as well as promises to reduce internal trade barriers. The Council of the Federation has taken on increased significance in the face of tariffs and threats from the United States. The table allows the leaders of the country's various provinces and territories to find areas of agreement both on national projects and, most recently, on internal trade. Led by Ford and Nova Scotia Premier Tim Houston, many provinces have introduced legislative and regulatory changes to reduce trade barriers between provinces. Moves to harmonize labour rights, safety standards and alcohol sales have all been introduced to make it easier to trade between provinces and attempt to reduce Canada's reliance on the United States. Recently, Ford has also joined Alberta Premier Danielle Smith in asking for new national pipelines to be built, framing the issue as one of national security.
Ottawa Citizen
24 minutes ago
- Ottawa Citizen
How John Hannaford led the public service through transition and turmoil
If John Hannaford had a superpower, it might have been his ability to help a team reach consensus. Article content Rather than rule with an iron fist, he would engage in what former colleagues called 'deep listening.' Article content Recommended Videos Article content 'He really was thoughtful about that, and I think purposeful, right?' said Marta Morgan, a former colleague of Hannaford and retired public service executive. 'He wanted to pull out the best in people, and one way of doing that is making people know that they're heard and they're part of the discussion.' Article content Article content Morgan recalled that when Hannaford led meetings, he would prioritize listening and ensure that everyone in the room was given a chance to share their thoughts. Article content Former colleagues have said those listening skills served him well in his career as he navigated turbulent times. Hannaford retired in early July as his successor, Michael Sabia, took the reins of the federal public service. Article content Before he became clerk of the Privy Council, Hannaford was deputy minister at Natural Resources. In that role, Hannaford led a team of government executives on a tour of Western Canada when that part of the country was feeling particularly alienated from the federal government in Ottawa. Article content Daniel Quan-Watson, another former colleague and retired public service executive, said the tour embodied Hannaford's 'commitment to listening and genuine interest and fascination.' Article content Article content 'I think it's such an important signal of Canada's public service, being there, even in difficult places, difficult listening, difficult conversations and being present for people,' Quan-Watson added. Article content Article content Hannaford would perhaps agree, having said in a 'fireside chat' with the Canada School of Public Service that he 'didn't have that objective' in his career planning. Article content But he was trusted by then-prime minister Justin Trudeau, having served as a PCO advisor on foreign affairs and defence from 2015 to 2019. He also served as deputy minister of international trade, where he was involved in renegotiating NAFTA, which then became the Canada-United States-Mexico Agreement.
National Post
24 minutes ago
- National Post
500 Global Taps UN SDG Architect, Dr. Alaa Murabit, to Launch Firm's New Offerings in Sustainable Growth
Article content Dr. Alaa Murabit, TIME100 honoree, Gates Foundation Alum, and global security leader, will lead 500 Global's Sustainable Growth practice in emerging markets, advancing the firm's commitment to increase blended finance and public-private investment models that unlock innovation and inclusive economic development. Article content SAN FRANCISCO — 500 Global, one of the world's most active venture capital firms 1, today announced the appointment of Dr. Alaa Murabit as Managing Partner of Sustainable Growth. She will oversee the firm's Sustainable Growth practice created to accelerate economic resilience by mobilizing capital and capabilities across climate, health and human development in frontier and emerging markets. Article content 'Too often, global capital reaches communities late — or not at all. We need to redesign financing systems that prioritize local innovation, share risk more equitably, and align investment with sustainable, inclusive outcomes.' 500 Global's Sustainable Growth practice aims to create financing strategies, educational programs, advisory platforms, and catalytic initiatives that bring together public, private, and philanthropic capital to deliver sustainable economic results. Article content A globally recognized expert in health, climate, sustainable development, and inclusive security, Dr. Alaa Murabit has shaped policies and financing that have impacted 193+ countries, played a pivotal role in the creation of the United Nations Sustainable Development Goals and mobilized over $25 billion in financing for global health, sustainability, and security. Dr. Alaa Murabit led Phase Minus 1, was CEO of IMPACT2030, and, most recently, created two innovative financing platforms and directed a $300M/year global portfolio at the Gates Foundation, leading maternal and child health, climate and health security, and innovation. Article content 'Economic development has always been an impact of the investments 500 Global has made, and we're delighted that Dr. Alaa Murabit has joined us to multiply that impact. Her appointment reinforces the growing global consensus that venture capital, when aligned with national priorities and de-risked through blended finance and public-private partnerships, can serve as a catalytic engine for inclusive growth and long-term development impact.' – Courtney Powell, COO & Managing Partner, 500 Global In an era marked by climate shocks, geopolitical volatility, and rising inequality, the need for resilient, inclusive economic systems has never been greater. Dr. Alaa Murabit's appointment signals a strategic shift in emerging markets: from fragmented, short-cycle investments to long-term value creation through blended finance, public-private alignment, and co-created national innovation infrastructure. Her leadership will expand 500 Global's ability to work with sovereign funds, governments, development finance institutions, and philanthropies to scale inclusive economic growth by de-risking investment and innovation. She will be based in Abu Dhabi, United Arab Emirates. Article content 500 Global has been committed to ecosystem development since 2010. Working closely with national allocators like Georgia's Information and Technology Agency and Sanabil Investments (a wholly owned subsidiary of Saudi Arabia's Public Investment Fund), the firm has embedded and developed its investment thesis by co-creating localized venture capital infrastructure to address local challenges and scale solutions globally. Article content In 2023, they launched the Rise Report, which highlighted 30 rise economies – the 30 largest, fast growing economies outside of the US and China – inclusive of Mexico, Egypt, Saudi Arabia, India, South Korea and more where 500 has had an ongoing presence. This report examined potential venture funding gaps; inviting allocators and policymakers to join forces toward the goal of accelerating global venture ecosystems that drive national development, economic growth and resilience. Article content With Dr. Alaa Murabit's appointment, 500 Global is doubling down, replacing fragmented development efforts with scalable public-private finance strategies, and building the enabling environment for sustainable economic transformation. Article content 'Too often, global capital reaches communities late — or not at all. We need to redesign financing systems that prioritize local innovation, share risk more equitably, and align investment with sustainable, inclusive outcomes. 500 Global is showing what's possible when we reimagine how capital serves both people and planet. I'm excited to lead and advance that vision globally.' – Dr. Alaa Murabit, Managing Partner, Sustainable Growth, 500 Global About 500 Global 500 Global is a multi-stage venture capital firm with $2.1B in assets under management 2 that invests in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth and development. We work closely with key stakeholders and advise governments on how best to support entrepreneurial ecosystems and economic development in emerging markets. 500 Global has backed over 5,000 founders representing more than 3,000 companies operating in 80+ countries. We have invested in more than 35+ companies valued at over $1 billion and 150+ companies valued at over $100 million (including private, public, and exited companies) 3. Article content THE CONTENT IN THIS PRESS RELEASE IS PROVIDED FOR GENERAL INFORMATIONAL OR EDUCATIONAL PURPOSES ONLY. 500 GLOBAL MAKES NO REPRESENTATIONS AS TO THE ACCURACY OR INFORMATION CONTAINED HEREIN AND WHILE 500 GLOBAL HAS TAKEN REASONABLE STEPS TO ENSURE THAT THE INFORMATION CONTAINED HEREIN IS ACCURATE AND UP-TO-DATE, NO LIABILITY CAN BE ACCEPTED FOR ANY ERROR OR OMISSIONS. UNLESS OTHERWISE STATED IN THIS PRESS RELEASE, ANY PREDICTIONS, FORECASTS, CONCLUSIONS, VIEWS OR OPINIONS EXPRESSED REPRESENT THE CURRENT VIEW AND THINKING OF 500 GLOBAL WITH REGARD TO THE SUBJECT MATTER THEREIN BASED ON INTERNAL DATA AGGREGATED ACROSS ALL 500 GLOBAL FUNDS AS OF MARCH 31, 2025 AND/OR ANALYSIS WHICH HAS NOT BEEN INDEPENDENTLY VERIFIED, AND WHICH IS SUBJECT TO CHANGE AT ANY TIME. Article content UNDER NO CIRCUMSTANCES SHOULD ANY OF THE CONTENT IN THIS PRESS RELEASE BE CONSTRUED AS LEGAL, TAX OR INVESTMENT ADVICE FROM 500 GLOBAL OR ANY OF ITS AFFILIATES. 500 GLOBAL DOES NOT GUARANTEE ANY FUTURE RESULTS FOR ANY DECISIONS MADE BASED IN WHOLE OR IN PART ON THE CONTENT OR INFORMATION CONTAINED HEREIN. ALL READERS OF THIS PRESS RELEASE SHOULD CONSULT WITH THEIR OWN COUNSEL, ACCOUNTANT OR OTHER PROFESSIONAL ADVISORS BEFORE TAKING ANY ACTION IN CONNECTION WITH THIS PRESS RELEASE. Article content UNDER NO CIRCUMSTANCES SHOULD ANY INFORMATION OR CONTENT IN THIS PRESS RELEASE, BE CONSIDERED AS AN OFFER TO SELL OR SOLICITATION OF INTEREST TO PURCHASE ANY SECURITIES ADVISED BY 500 GLOBAL OR ANY OF ITS AFFILIATES OR REPRESENTATIVES. FURTHER, NO CONTENT OR INFORMATION CONTAINED IN THIS PRESS RELEASE IS OR IS INTENDED AS AN OFFER TO PROVIDE ANY INVESTMENT ADVISORY SERVICE OR FINANCIAL ADVICE BY 500 GLOBAL. UNDER NO CIRCUMSTANCES SHOULD ANYTHING HEREIN BE CONSTRUED AS FUND MARKETING MATERIALS BY PROSPECTIVE INVESTORS CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL INVESTMENT FUND. UNDER NO CIRCUMSTANCES SHOULD ANY CONTENT BE INTERPRETED AS TESTIMONIALS OR ENDORSEMENT OF THE INVESTMENT PERFORMANCE OF ANY 500 GLOBAL FUND BY A PROSPECTIVE INVESTOR CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL FUND. Article content Article content Article content Article content Media Contacts Article content Article content Article content
